China to reduce tax refund for high-polluting goods

时间：2007-04-28 01:45:59

（单词翻译:单击）

Chinanews, Beijing, Apr. 27 – China is trying to make some policy changes in order to control the export of high energy-consuming, high-polluting resource products. In doing so, China will gradually reduce the tax rebate1 level for primary processed products, said Jia Yinsong, deputy director of the State Development and Reform Commission, on Thursday.

 

In recent years, Chinese government has taken a series of measures to control the export of high energy-consuming goods. As a part of these efforts, the government has reduced the tax refund2 for exported rolled steel. However, during the first quarter of this year, the export amount of high energy-consuming goods soared, which aroused the government's attention.

 

During the first three months of the year, China exported 14 million tons of rolled steel and 1.78 million tons of steel billets, up 120% and 98.1%, respectively, compared with the same period last year. In addition, the export of coke and iron alloy3 also increased by 20% and 70%, respectively.

 

In regard to the widespread saying that China will reduce tax rebate for textiles, Jia didn’t respond to it directly. However, he said that Chinese government would take effective measures to trying to drag down the huge trade surplus.

 

Although during the first three months of the year, trade surplus shrank to some extent, still trade surplus stood at 46.44 billion US dollars. So it might take some time before China can finally reduce huge trade surplus dramatically.

 
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点击收听单词发音收听单词发音  

1 rebate GTIxY     
v./n.折扣，回扣，退款；vt.给...回扣，给...打折扣
参考例句：
  • You can claim a rebate on your tax.你可以要求退回部分税款。
  • Customers are to benefit from a rebate on their electricity bills.顾客将从他们的电费退费中得到实惠。
2 refund WkvzPB     
v.退还，偿还；n.归还，偿还额，退款
参考例句：
  • They demand a refund on unsatisfactory goods.他们对不满意的货品要求退款。
  • We'll refund your money if you aren't satisfied.你若不满意，我们愿意退款给你。
3 alloy fLryq     
n.合金，(金属的)成色
参考例句：
  • The company produces titanium alloy.该公司生产钛合金。
  • Bronze is an alloy of copper and tin.青铜是铜和锡的合金。

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